New Zealand RBNZ Interest Rate Decision above forecasts (1.25%): Actual (1.5%)

USD/CNY fix: 6.3752 vs. prev fix 6.3795

In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.3752 vs. the previous fix of 6.3795 and the prior close of 6.3663. Ab
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Breaking: RBNZ hikes rate by 50bps, NZD/USD rallies

The Reserve Bank of New Zealand met on Tuesday to decide on its official cash rate and has lifted rates by the max expected, 50 basis points to comba
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